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Bitcoinist

2023-02-16 22:36:00

SEC To Sue Firm Behind Failed Terra Stablecoin, Terraform Labs

SEC To Sue Firm Behind Failed Terra Stablecoin, Terraform Labs

Nearly a year after the demise of Terra and it’s UST stablecoin, the SEC is in pursuit. It’s the latest in a suite of regulatory hammers that the Securities and Exchange Commission has been bringing to the pavement in crypto lately. Terraform Labs once operated what was considered the dominant decentralized stablecoin UST – and

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